Bitfarms CEO: It is absolutely possible and desirable for the United States to become the world's largest Bitcoin mining country

Golden Finance
2024.11.02 13:52

[Bitfarms CEO: It is absolutely possible and desirable for the U.S. to become the largest country for Bitcoin mining] According to Jinse Finance, Ben Gagnon, CEO of cryptocurrency mining company Bitfarms, stated that it is absolutely possible and desirable for the U.S. to become the largest country for Bitcoin mining. He believes that if Trump reduces red tape and increases support and investment in energy and power infrastructure, the U.S. will solidify its position as the most competitive place for global Bitcoin mining. However, Ben Gagnon acknowledged that due to the decentralized nature of Bitcoin's infrastructure, it is impossible for one country to mine all Bitcoin; having 100% of Bitcoin mined in the U.S. or any other single country fundamentally contradicts the core principles of Bitcoin's creator, Satoshi Nakamoto

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